According to IMARC Group latest report titled “Content Delivery Network (CDN) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on Content Delivery Network (CDN) industry report. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global content delivery network (CDN) market size reached US$ 15.8 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 36.6 Billion by 2027, exhibiting a growth rate (CAGR) of 14.98% during 2022-2027.
The content delivery network (CDN) represents a geographically dispersed group of servers that operate together to provide fast delivery of internet content. It allows quick loading of internet content, such as java script files, hypertext markup language (HTML) pages, stylesheets, etc. The content delivery network aids in improving website security, reducing bandwidth costs, elevating content availability and redundancy, etc. Furthermore, it is secure, reliable, cost-effective, etc. Consequently, CDN finds extensive applications in several industries, including media and entertainment, healthcare, telecommunication, information technology (IT), etc.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Market Trends:
The emerging trend of digitization in organizations is primarily driving the content delivery network (CDN) market. Additionally, the widespread adoption of CDN for ensuring high-quality gaming content with enhanced user experience is catalyzing the market growth. Apart from this, the growing consumer awareness towards associated beneficial features of the content delivery network, including handling large internet traffic by diverting the individuals to servers and distributing the load efficiently, is acting as another significant growth-inducing factor. Moreover, the launch of numerous favorable policies by government bodies to enable fast and secure data delivery management is positively influencing the global market. Besides this, the key market players are also focusing on various techniques for web performance optimization and increasing the data volume of CDN, owing to the introduction of peer-to-peer technology (p2p), 5G, wearable devices, the Internet of Things (IoT), virtual reality (VR), augmented reality (AR), etc., which is anticipated to fuel content delivery network (CDN) market over the forecasted period.
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Competitive Landscape with Key players:
The report has also analysed the competitive landscape of the market with some of the key players being.
- Akamai Technologies Inc.
- com Inc.
- ATT Inc.
- CDNetworks Co. Ltd. (Hong Kong Wangsu Science Technology)
- Cloudflare Inc.
- Google LLC (Alphabet Inc.)
- Imperva Inc.
- Internap Holding LLC
- Limelight Networks Inc.
- Microsoft Corporation
- Tata Communications Limited
- Verizon Communications Inc
Content Delivery Network (CDN) Market Segmentation:
Our report has categorized the market based on region, component, content type, provider type and industry vertical.
Breakup by Component:
- Solution
- Service
Breakup by Content Type:
- Dynamic Content
- Static Content
Breakup by Provider Type:
- Traditional CDN
- Telecommunication CDN
- Cloud CDN
- Peer-to-Peer CDN
Breakup by Industry Vertical:
- Healthcare
- Retail and E-Commerce
- BFSI
- IT and Telecommunication
- Government and Public Sector
- Media and Entertainment
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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